SaaS startups have become the darling of Venture Capital investors, especially in the Shopping industry. Over the past decade, software has proverbially “eaten the world” and SaaS companies have scaled to become unicorn corporations in staggering amounts of time.
In this article, we are examining 3 VC funded SaaS startups in the Shopping industry.
AdeptMind is a SaaS AI/ML startup that pioneers in eCommerce Product Discovery and Shopping Center Marketplaces. Its co-founders recently completed the sale of their prior business, Maluuba, which was highly successful. This time, in Toronto, Ontario, Canada, they want to build a rad Silicon Valley-style team.
The largest and most rapidly expanding business commerce platform, with a cloud-native and API-first design, is called commercetools. Through the most adaptable technology, we power the Fortune 1000's best performers and give our clients the tools they need to grow and adapt in a rapidly changing market. We are regarded as a top software provider for the commerce sector by Forrester, Gartner, and IDC. The top technology financiers Accel and Insight Partners have financed us. With offices in the Netherlands (Amsterdam), Germany (Munich, Berlin, Jena), Great Britain (London), Spain (Valencia), Singapore, Vietnam, Australia (Melbourne), and the United States (Durham/North Carolina), we are able to provide our customers with around-the-clock service. The (e)commerce websites and operations of organizations like Lululemon, H&M, Peleton, Audi, Bang & Olufson, Vistaprint, Lego, and Volkswagen are powered by commercetools.
Retailers may use NewStore's platform to manage their storefronts on iPhones. The firm offers Omnichannel-as-a-Service with the first integrated cloud OMS and mobile POS, specifically designed for mobile shoppers. Retailers may provide seamless shopping experiences across the infinite aisle, mobile checkout, store fulfillment, real-time inventory, and clienteling thanks to intuitive store associate apps. Retailers can easily build an omnichannel strategy that is quick and flexible thanks to an API-first design and a large partner ecosystem. Stephan Schambach, who pioneered e-commerce at Demandware, launched NewStore (now Salesforce Commerce Cloud). The business has locations in Boston, New York, and Berlin.